BJ HJORTHEDE A/S — Credit Rating and Financial Key Figures

CVR number: 51474112
Røngevej 6, Hjorthede 8850 Bjerringbro
lmp@b-j.dk

Credit rating

Company information

Official name
BJ HJORTHEDE A/S
Established
1973
Domicile
Hjorthede
Company form
Limited company
Industry

About BJ HJORTHEDE A/S

BJ HJORTHEDE A/S (CVR number: 51474112) is a company from VIBORG. The company recorded a gross profit of 312.6 kDKK in 2023. The operating profit was -94.3 kDKK, while net earnings were -485.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BJ HJORTHEDE A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit536.49525.73604.621 041.36312.60
EBIT118.84138.87218.54649.81-94.30
Net earnings161.633 065.241 440.881 334.92- 485.60
Shareholders equity total8 422.1811 337.4312 478.3013 513.2212 727.63
Balance sheet total (assets)10 975.3914 324.7014 990.9315 537.8017 008.30
Net debt2 418.242 434.802 240.761 023.053 769.29
Profitability
EBIT-%
ROA2.4 %25.0 %10.6 %10.0 %-2.9 %
ROE1.9 %31.0 %12.1 %10.3 %-3.7 %
ROI2.4 %25.1 %10.6 %10.1 %-2.9 %
Economic value added (EVA)- 245.68- 224.2113.47395.64- 144.58
Solvency
Equity ratio76.7 %79.1 %83.2 %87.0 %74.8 %
Gearing29.9 %26.0 %19.5 %11.5 %29.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.00.70.51.90.3
Current ratio2.00.70.51.90.3
Cash and cash equivalents98.47515.97191.50537.632.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-2.89%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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